Heartland takes 25% stake in online lender Fuelled
The bank will help the Wellington start-up launch into Australia.
Calida Smylie
Mon, 20 Feb 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Heartland Bank [NZX:HBL] has taken a 25% stake in online small-to-medium business lender Fuelled.
Wellington-based Fuelled, set up 18 months ago, lets SMEs receive immediate cash advances on their outstanding invoices, rather than wait up to 90 days for customers to pay.
It funds 90% of the
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Calida Smylie
Mon, 20 Feb 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.